Telefonica Chairman Takes No Chances as Activist Stalks Europe
Pedestrians use their mobile phones as they pass a Telefonica logo outside the headquarters of Telefonica SA (Photographer: Angel Navarrete/Bloomberg)

Telefonica Chairman Takes No Chances as Activist Stalks Europe

(Bloomberg) -- The mere mention of Elliott Management Corp. is enough to rattle any telecom executive after the New York activist fund took on Telecom Italia SpA -- Europe’s most indebted phone com...
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